Article by Vijay Pal Dalmia, Advocate, Supreme
Court of India and Delhi High Court, Partner & Head of
Intellectual Property Laws Division, Vaish Associates Advocates,
India
#Income- Tax Act, 1995, #Section 234A in The Income Tax Act,
1995 #Section 234B in The Income Tax Act, #Section 276CC in The
Income Tax Act, #Section 133A in The Income Tax Act, 1995, #Madras
High Court, #The Government Of India vs R.Inbavalli , #Power of
compounding, #Vijay Pal Dalmia #Income Tax Act, #PMLA,
#Compounding, #Criminal prosecution
In the case of the Government of India, Ministry of
Finance, Department of Revenue, (Central Board of Direct Taxes),
#CBDT Vs. #R.Inbavalli, before the Division Bench of the
Madras High Court, the Revenue Department sought to assail the
directions issued by the learned Single Judge to the concerned
statutory authority to exercise his powers of compounding the
offence. The brief facts of the case are that the Revenue had
initiated prosecution
